CTG DUTY-FREE(SH:601888)2024-04-23 09:05Financial Performance - The company's operating revenue for Q1 2024 was ¥18,807,168,696.39, representing a decrease of 9.45% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2024 was ¥2,306,454,931.34, showing a slight increase of 0.25% year-on-year[4] - The basic earnings per share for Q1 2024 was ¥1.1148, an increase of 0.24% year-on-year[4] - The total comprehensive income for Q1 2024 is approximately ¥2,444.90 million, compared to ¥2,162.08 million in Q1 2023, indicating an increase of 13.06%[18] Cash Flow - The net cash flow from operating activities decreased by 28.59% to ¥5,301,855,586.86 in Q1 2024[4] - The total cash inflow from operating activities in Q1 2024 is approximately ¥19,479.68 million, compared to ¥22,896.73 million in Q1 2023, reflecting a decrease of 15.88%[20] - The total cash outflow from operating activities in Q1 2024 is approximately ¥14,177.82 million, down from ¥15,472.09 million in Q1 2023, a reduction of 8.36%[20] - The company reported a net increase in customer deposits and interbank deposits of approximately ¥18,666.80 million in Q1 2024, compared to ¥21,404.54 million in Q1 2023, a decrease of 12.87%[20] - The company’s cash received from other operating activities in Q1 2024 is approximately ¥356.40 million, down from ¥1,313.72 million in Q1 2023, a decrease of 72.94%[20] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥80,252,536,507.12, reflecting a growth of 1.75% from the end of the previous year[5] - Total assets reached ¥80,252,536,507.12, an increase of 1.8% from ¥78,869,406,192.71 at the end of 2023[15] - Total liabilities decreased to ¥18,628,723,894.60 from ¥19,687,771,057.47, a reduction of 5.4%[15] - The equity attributable to shareholders increased by 4.31% to ¥56,152,200,758.25 compared to the end of the previous year[5] - Shareholders' equity increased to ¥61,623,812,612.52, up from ¥59,181,635,135.24, representing a growth of 4.1%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 296,063[7] - The top shareholder, China Tourism Group Co., Ltd., held 50.30% of the shares, amounting to 1,040,642,690 shares[8] - The company has not reported any significant changes in its major shareholders or their holdings during the reporting period[10] Investment Activities - The company’s investment cash outflow in Q1 2024 is approximately ¥844.32 million, compared to ¥408.27 million in Q1 2023, indicating an increase of 106.67%[20] - The net cash flow from investing activities for Q1 2024 was -$418.52 million, compared to -$408.16 million in the previous period[21] Financing Activities - The net cash flow from financing activities was -$256.13 million, a significant increase from -$94.43 million year-over-year[21] - The cash inflow from financing activities totaled $84.58 million, while cash outflow was $256.13 million, resulting in a net cash flow from financing activities of -$256.13 million[21] Other Financial Metrics - Non-recurring gains and losses for the period totaled ¥7,363,093.24, primarily from government subsidies and other income[6] - The weighted average return on equity decreased by 0.45 percentage points to 4.19% in Q1 2024[4] - The company’s other comprehensive income after tax for Q1 2024 is approximately ¥9.70 million, a significant recovery from a loss of ¥303.89 million in Q1 2023[18] - The company did not apply new accounting standards or interpretations for the first time in 2024[21]